An acquaintance of ours got to 16 million in revenue with only 4 people on their team. While this is a great situation to be in, there are also a lot of things that could go wrong. The growth stage is always exciting, but as quickly as a business can grow, it can also burn out. Today, we’re sharing tips on how business owners can avoid this crash and burn.

On this episode:

• A little background about the business owner in this situation.
• What we have seen happening in the industry with new competitors.
• Why it pays to think ahead.
• The next step this owner should take in his business.
• The biggest issue he is facing due to this growth.
• The benefit of having a bigger team.
• How skilled team members can help you avoid mistakes.
• How people can misrepresent themselves in the hiring process.
• Why you shouldn’t put too much on one person in your team.
• Why some businesses crash quickly.
• The benefit of putting a person or story behind your business.
• Ways you can increase your average order value.
• When you should outsource your work and utilize outside resources.
• What we’re always looking for in our agency and why.

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